Why Do a Background Check?

Employees are the most valuable assets of the organization. The organizations are focused on hiring the best candidates to achieve growth, turnover and competitive advantage. While hiring attention is on selecting candidates with the required soft and technical skills, there is very limited emphasis on knowing the prospective employee’s background and determining the true identity of the person.

Various reports issued by consultancy companies indicate that at a minimum, 25% of candidates submit false or inaccurate resumes. The inaccuracies normally are relating to salary, job title and duties, education etc. Considering this, the honest candidate loses out on the job and a dishonest candidate is selected since reliance is primarily placed on the resume.

Employee Background Checks can reduce the risk of hiring someone who could cause irrevocable damage. Firms spend years, thousands, even millions to brand their products and services and one bad hire can cause loss of capital and reputation to the extent that may bring a business to fail. A robust pre-employment check by background verification companies or background checkers can help you and your company:

• Reduce turnover & training costs
• Gain a competitive edge through the hiring of better people
• Increase productivity – help your employees be more productive knowing that everyone employed by your company has been screened
• Set your company apart & win more business
• Reduce employee-related problems
• Protect company reputation/brand & customer relations
• Comply with mandates created by state or federal law for certain industries Increase retention
• Reduce negligent hiring claims
• Avoid violence in the workplace (threats of violence & actual violence)
• Reduce theft & espionage
• Avoid lawsuits & the costs associated with the defence
• Avoid loss of goodwill